Pelihowell: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Pelihowell
Largest movements
- Cash -€88,571
down €88,571 (-59.1%), from €149,826 to €61,255
mainly Net result for the year (-€143,269) and Receivables within one year (-€52,293)
- Receivables within one year +€52,293
up €52,293 (+58.2%), from €89,921 to €142,214
of which Trade receivables: +€52,293
- Tangible fixed assets -€7,123
down €7,123 (-19.8%), from €36,031 to €28,908
of which Plant, machinery and equipment: -€10,744
- Profit (loss) carried forward -€143,269
down €143,269 (-12.3%), from -€1.2m to -€1.3m
- Other debts +€87,576
up €87,576 (+7.1%), from €1.2m to €1.3m
- Accrued charges and deferred income +€7,755
up €7,755 (+62.2%), from €12,475 to €20,230
- Tax, wage and social debts +€4,512
up €4,512 (+12.7%), from €35,588 to €40,100
of which Remuneration and social security: +€4,512
- Trade debts -€3,725
down €3,725 (-6.5%), from €56,923 to €53,198
- Gross operating margin -€64,279
down €64,279 (-20.7%), from €310,604 to €246,325
- Staff costs +€8,141
up €8,141 (+2.4%), from €344,564 to €352,706
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,126 | €247,724 | -€44,401 | -15.2% |
| Fixed assets | 21/28 | €38,198 | €30,075 | -€8,123 | -21.3% |
| Intangible fixed assets | 21 | €2,167 | €1,167 | -€1,000 | -46.1% |
| Tangible fixed assets | 22/27 | €36,031 | €28,908 | -€7,123 | -19.8% |
| Land and buildings | 22 | €1,958 | €4,522 | +€2,564 | +130.9% |
| Plant, machinery and equipment | 23 | €33,905 | €23,161 | -€10,744 | -31.7% |
| Furniture and vehicles | 24 | €168 | €1,225 | +€1,057 | +628.6% |
| Current assets | 29/58 | €253,927 | €217,649 | -€36,278 | -14.3% |
| Amounts receivable within one year | 40/41 | €89,921 | €142,214 | +€52,293 | +58.2% |
| Trade receivables | 40 | €89,013 | €141,306 | +€52,293 | +58.7% |
| Other amounts receivable | 41 | €908 | €908 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €149,826 | €61,255 | -€88,571 | -59.1% |
| Deferred charges and accrued income | 490/1 | €14,180 | €14,180 | = | 0.0% |
| Total equity and liabilities | 10/49 | €292,126 | €247,724 | -€44,401 | -15.2% |
| Equity | 10/15 | -€1,038,436 | -€1,181,704 | -€143,269 | -13.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,163,436 | -€1,306,704 | -€143,269 | -12.3% |
| Amounts payable | 17/49 | €1,330,561 | €1,429,429 | +€98,868 | +7.4% |
| Amounts payable within one year | 42/48 | €1,318,086 | €1,409,198 | +€91,112 | +6.9% |
| Trade debts | 44 | €56,923 | €53,198 | -€3,725 | -6.5% |
| Suppliers | 440/4 | €56,923 | €53,198 | -€3,725 | -6.5% |
| Advances received on contracts in progress | 46 | - | €2,748 | +€2,748 | |
| Taxes, remuneration and social security | 45 | €35,588 | €40,100 | +€4,512 | +12.7% |
| Taxes | 450/3 | €1,112 | €1,112 | = | 0.0% |
| Remuneration and social security | 454/9 | €34,476 | €38,988 | +€4,512 | +13.1% |
| Other amounts payable | 47/48 | €1,225,575 | €1,313,152 | +€87,576 | +7.1% |
| Accrued charges and deferred income | 492/3 | €12,475 | €20,230 | +€7,755 | +62.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €344,564 | €352,706 | +€8,141 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,394 | €18,800 | -€2,594 | -12.1% |
| Other operating charges | 640/8 | €1,354 | €2,163 | +€809 | +59.7% |
| Non-recurring operating charges | 66A | - | -€9,375 | -€9,375 | |
| Gross operating margin | 9900 | €310,604 | €246,325 | -€64,279 | -20.7% |
| Operating profit (loss) | 9901 | -€56,708 | -€117,968 | -€61,260 | -108.0% |
| Financial income | 75/76B | €2,256 | €1,786 | -€471 | -20.9% |
| Recurring financial income | 75 | €2,256 | €1,786 | -€471 | -20.9% |
| Financial charges | 65/66B | €25,044 | €27,086 | +€2,042 | +8.2% |
| Recurring financial charges | 65 | €25,044 | €27,086 | +€2,042 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€79,496 | -€143,269 | -€63,773 | -80.2% |
| Profit (loss) for the period | 9904 | -€79,496 | -€143,269 | -€63,773 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,496 | -€143,269 | -€63,773 | -80.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.